Magneto Dynamics Private Limited

Manufacturer of LED and electromagnetic display boards, precision fabrication, and vehicle monitoring equipment.

1989 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: January 05, 2025

Magneto Dynamics Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 36 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.50 M
  • Satisfied Charges ₹ 4.00 M
  • Revenue Growth 45.02%
  • Profit Growth 548.31%
  • Ebitda 12495.33%
  • Net Worth 7.50%
  • Total Assets 19.91%

About Magneto Dynamics

Magneto Dynamics Private Limited (MDPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 January 1989 and has a history of 36 years and one month. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹5.50 M. The company has closed loans amounting to ₹4.00 M, as per Ministry of Corporate Affairs (MCA) records.

Ramakrishnan Kumar, Dhruva Prakash, Arthi Rajagopal, and One other member serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29142TN1989PTC016760

  • Company No.

    016760

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jan 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Magneto Dynamics?

Board Members (4)

NameDesignationAppointment DateStatus
Ramakrishnan Kumar Country flag representing In Director 24-Apr-1989Current
Dhruva Prakash Country flag representing In Director 07-Nov-2016Current
Arthi Rajagopal Country flag representing In Additional Director 06-Feb-2024Current
Prathibha Suresh Country flag representing In Additional Director 06-Feb-2024Current

Financial Performance of Magneto Dynamics.

Magneto Dynamics Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 45.02% increase. The company also saw a substantial improvement in profitability, with a 548.31% increase in profit. The company's net worth moved up by a moderate rise of 7.5%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
45.02%
Revenue from Operations
48.72%
Total Assets
19.91%
Profit or Loss
548.31%
Net Worth
7.50%
EBITDA
12495.33%

What is the Ownership and Shareholding Structure of Magneto Dynamics?

In 2021, Magneto Dynamics had a promoter holding of 54.98% and a public holding of 45.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.50 M

Satisfied Charges

₹4.00 M

Charges Breakdown by Lending Institutions

  • Bank Of Maharashtra : 0.55 Cr

Latest Charge Details

DateLenderAmountStatus
01 Nov 2007Bank Of Maharashtra₹5.50 MOpen
27 Dec 2011Bank Of Maharashtra₹2.00 MSatisfied
13 Dec 2006Bank Of Maharashtra₹0.50 MSatisfied
22 Feb 1998Bank Of Maharashtra₹1.50 MSatisfied

How Many Employees Work at Magneto Dynamics?

Magneto Dynamics has a workforce of 10 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magneto Dynamics, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magneto Dynamics's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Magneto Dynamics

Recent activity within the organization

  • Annual General Meeting

    Magneto Dynamics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Magneto Dynamics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Arthi Rajagopal was appointed as a Additional Director was appointed as a Additional Director on 06 Feb 2024 & has been associated with this company since 1 year 19 days .

    06 Feb 2024

  • Director Appointment

    Prathibha Suresh was appointed as a Additional Director was appointed as a Additional Director on 06 Feb 2024 & has been associated with this company since 1 year 19 days .

    06 Feb 2024

  • Director Appointment

    Dhruva Prakash was appointed as a Director was appointed as a Director on 07 Nov 2016 & has been associated with this company since 8 years 3 months .

    07 Nov 2016

  • Charges

    A charge registered on 27 Dec 2011 via Charge ID 10331720 with Bank Of Maharashtra was fully satisfied on 18 Aug 2015.

    18 Aug 2015

Frequently asked questions

  • Magneto Dynamics Private Limited was incorporated on 18 Jan 1989.

  • The authorized share capital of Magneto Dynamics Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.20 M.

  • Currently 4 directors are associated with Magneto Dynamics Private Limited.

    • Ramakrishnan Suresh Kumar
    • Dhruva Prakash
    • Arthi Rajagopal
    • Prathibha Suresh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magneto Dynamics Private Limited is Plot No.7 8 9, Venkateswara Nagar Main Road Perungudi India, Chennai, Tamil Nadu, 600096.

  • The corporate identification number (CIN) of Magneto Dynamics Private Limited is U29142TN1989PTC016760 and the company number is 016760 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Magneto Dynamics Private Limited has risen by 45.02%.

  • As Per 2022 financial reports, 10 employees are currently employed by Magneto Dynamics Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Magneto Dynamics Private Limited has experienced an upsurge of 7.50%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Magneto Dynamics Private Limited amount to ₹ 5.50 M.

  • The most recent Balance Sheet for Magneto Dynamics Private Limited was filed with the ROC on 31 Mar 2024.

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